NOT LISTED FOR SALE
1 Bed
1 Bath
7,074 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: October 7, 2021

Last sale price $1,640,000 $232 Per Sq Ft

516 Days on Market

About This Home

As of October 2021

Prime investment opportunity, 2 floors building 10 units total locate a few blocks of the Beach, the walkability of the property naturally drives future tenants, close to Bal Harbour Shops. Value-add current rents are under market. 100% occupied with very stable tenants and extremely low maintenance; perfect for investor wanting to enter The Miami Beach market.Property passed 40 years certification. 7 Units completed remodel, and 3 partial.

Last Agent to Sell the Property

Elsy Gonzalez

Golden International Realty Corp License #3065624 Listed on: 01/22/2020

Last Buyer's Agent

Chaim Glik

Beachfront Realty Inc License #3265723

Beachfront Realty Inc

Townhouse Details

Home Type

Townhome

Year Built

1958

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • MIAMIRE_PoolYN: No
  • Architectural Style: Attached
  • Directions: google maps
  • Habitable Residence: No
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE BCH SUB
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Flooring: Ceramic Floor, Terrazzo, Wood
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Condo/Co-op/Association

  • Association: No
  • HOA Rent Includes: Gardener
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7074
  • Zoning: 3900

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 24221
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Oct 7, 2021
Sold by
Bought by
Seller's Agent
Elsy Gonzalez
Golden International Realty Corp
Buyer's Agent
Chaim Glik
Beachfront Realty Inc
List Price
$1,749,999
Sold Price
$1,640,000
Premium/Discount to List
-$109,999
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 31, 2018
Closed on
Mar 15, 2019
Sold by
Bought by
Seller's Agent
Carlos Diaz
Yaffe International Realty
Buyer's Agent
Elsy Gonzalez
Golden International Realty Corp
List Price
$1,750,000
Sold Price
$1,665,000
Premium/Discount to List
-$85,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.59%

Purchase Details

Closed on
Oct 22, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,115,000
Interest Rate
0.046%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,640,000 Express Title
$1,665,000 Attorney
$1,430,000 Attorney
$630,000 Attorney
$450,000 Attorney
$1,100 None Available
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $820,000
Previous Owner $1,115,000
Previous Owner $337,500
Previous Owner $265,000
Previous Owner $775,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $1,640,000 -6.3% $232 / Sq Ft
07/06/2021 07/06/21 For Sale $1,749,999 0.0% $247 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $1,749,999 -2.8% $247 / Sq Ft
10/07/2020 10/07/20 Price Changed $1,799,999 +900.0% $254 / Sq Ft
10/07/2020 10/07/20 Price Changed $179,999 -89.3% $25 / Sq Ft
07/06/2020 07/06/20 Price Changed $1,680,000 -2.6% $237 / Sq Ft
04/14/2020 04/14/20 Price Changed $1,725,000 -1.4% $244 / Sq Ft
02/10/2020 02/10/20 Price Changed $1,750,000 -5.4% $247 / Sq Ft
01/22/2020 01/22/20 For Sale $1,850,000 +11.1% $262 / Sq Ft
03/15/2019 03/15/19 Sold $1,665,000 -2.0% $278 / Sq Ft View Prior Sale
01/27/2019 01/27/19 Price Changed $1,699,000 -4.0% $283 / Sq Ft
12/04/2018 12/04/18 Price Changed $1,770,000 +4.2% $295 / Sq Ft
11/19/2018 11/19/18 Price Changed $1,699,000 -5.6% $283 / Sq Ft
11/08/2018 11/08/18 Price Changed $1,800,000 +1.7% $300 / Sq Ft
10/31/2018 10/31/18 Price Changed $1,770,000 +1.1% $295 / Sq Ft
10/31/2018 10/31/18 For Sale $1,750,000 -- $292 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,453 $1,570,000 $508,500 $1,061,500
2024 $31,715 $1,766,600
2023 $31,715 $1,606,000 $0 $0
2022 $27,432 $1,460,000 $452,000 $1,008,000
2021 $27,224 $1,410,000 $367,250 $1,042,750
2020 $25,574 $1,321,000 $367,250 $953,750
2019 $25,231 $1,302,000 $367,250 $934,750
2018 $16,202 $1,168,000 $339,000 $829,000
2017 $14,071 $627,946 $0 $0
2016 $13,206 $570,860 $0 $0
2015 $12,345 $518,964 $0 $0
2014 $11,325 $471,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10805216

MIAMI REALTORS® MLS
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